Construction Financing

Available for investment, rentals, income producing, commercial ground up construction projects.

May also include the land acquisition provided the borrower has adequate funds available for loan-to-value (LTV) and loan-to-cost (LTC) percentages used by the lender to qualify the loan.

This type of financing also includes subdivision infrastructure and development.

Note that this type of lending does not include the “take-out” or permanent financing. Borrower must have a strategy to pay off the construction or subdivision project. Terms are generally 24 months and interest only.